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Oct 6, 2012
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tax policy center forecasts erican households will pay on average $3,500 more in tax physician congress let the bush era tax cuts expire for everyone. what effect could that and across the board spending cuts have on the wider economy? a new report from the center for regional analysis at george mason university predicts that some 277,000 federal employees will lose their jobs in the next 12 months. that's 14% of the federal workforce. and 14 of the 17 economists surveyed by cnn money predict fiscal cliff will cause a new recession. interestingly all 17 believe the economy won't plunge off the cliff because they think congress will finally get its act together and do something in the lame duck session following the elections or when the new congress convenes in late january. lame in either case. but by then it could be too late for the economy because companies don't like uncertainty as you know and some say they are holding back on hiring. we can't have an economic recovery without job creation. >> so with the looming economic disaster like the fiscal cliff you would have expected the
tax policy center forecasts erican households will pay on average $3,500 more in tax physician congress let the bush era tax cuts expire for everyone. what effect could that and across the board spending cuts have on the wider economy? a new report from the center for regional analysis at george mason university predicts that some 277,000 federal employees will lose their jobs in the next 12 months. that's 14% of the federal workforce. and 14 of the 17 economists surveyed by cnn money predict...
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for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position of more or less there's no alternative to a stereotype but a stair it isn't a growth policy therefore the government should do something else but when it when you actually asked them what should it do they get all vague. i think they should cancel a lot of the a stereotype obviously i think they should cancel the cuts in capital spending particularly and because of that that those schemes were ready to run when the kurdish and took office and they have been put into cold storage they could be this is buildings building schools building building houses hospitals all these projects that were canceled because the government was cutting down its spending i think should be un cancelled i think they should be revived so you're saying you've got to speculate to accumulate in a way not speculate spend you've got to spend because you see at the moment they're not meeting their deficit reduction targets they're not produce. seeing the national debt in fa
for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position of more or less there's no alternative to a stereotype but a stair it isn't a growth policy therefore the government should do something else but when it when you actually asked them what should it do they get all vague. i think they should cancel a lot of the a stereotype obviously i think they should cancel the cuts in capital spending particularly and...
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financial networks that have all of this capital of aiding taxation we have to have a tobin tax and we'll find actual and currency transactions and we need to jack wages up in line with productivity that's something we haven't done for the past forty years labor has just not received its share of productivity consequently what we've had to do is we've had to rely on credit whether it be in the public sector or in the private sector to purchase all of the goods that we can produce it would be a travesty and i would even say it's the height of stupidity to just try incur tale demand at a time when we're not soaking up all of the productive capacity that we have already you know peter it's interesting to note already noted in this program is that the rich have just gotten richer but i don't see anything coming from them to give something back from a system that's made them so fabulously rich but no they just want to get richer and richer. you know but that's well to me what this country was based on and i think it's how else do you progress i think you know one of the things i look at
financial networks that have all of this capital of aiding taxation we have to have a tobin tax and we'll find actual and currency transactions and we need to jack wages up in line with productivity that's something we haven't done for the past forty years labor has just not received its share of productivity consequently what we've had to do is we've had to rely on credit whether it be in the public sector or in the private sector to purchase all of the goods that we can produce it would be a...
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deposits in siberia and secondly for the existence of posts that are unprofitable under the current tax system but we've got to be able to explain five percent on top of that we will take steps to stimulate drilling of hard to reach reserves on the shelves as you can see. and this is how business likes to sour and in the next edition the movement with be here with you karen that's it from me all right thank you marina and coming up is the latest edition of peter lavelle's debate show cross talk that's in a few moments. motion would be soon which brightened if you move soon from phones to freshen it's. nice clean stunts on t.v. don't come. to music sigrid laboratory to mccurdy was able to build a new most sophisticated robot which all unfortunately doesn't give a darn about anything tunes mission to teach music creation why it should care about humans in the world this is why you should care only on the dog. while. cali just offers an air show and an issue. was a matter you. must have the residents never profit from the performances notion of coming or shouldn't get there when you look u
deposits in siberia and secondly for the existence of posts that are unprofitable under the current tax system but we've got to be able to explain five percent on top of that we will take steps to stimulate drilling of hard to reach reserves on the shelves as you can see. and this is how business likes to sour and in the next edition the movement with be here with you karen that's it from me all right thank you marina and coming up is the latest edition of peter lavelle's debate show cross talk...
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and the other one would go no he wants to raise taxes or we need regulation and the other one would say i agree so in the case of this debate being a read on a lot of things but the devil is in the details of course but if they tried to give details you know where is it got even more confusing but president obama's main argument was that mr romney was to go back to the same policies that led to us well in the wall for that matter. into the economic mess four years ago that everybody is still struggling to recover from now even more states president obama is leading in polls although by a small margin they are pretty much neck to neck in most polls but it's important to mention essentially to our non american audience that in the us a candidate might can win the majority of the popular vote and still lose the election because it's not the popular vote it's the so-called electoral college that's the size the outcome of the presidential election here and every state gives a candidate a certain number of points and the winner has to collect this magic number of two hundred seventy point
and the other one would go no he wants to raise taxes or we need regulation and the other one would say i agree so in the case of this debate being a read on a lot of things but the devil is in the details of course but if they tried to give details you know where is it got even more confusing but president obama's main argument was that mr romney was to go back to the same policies that led to us well in the wall for that matter. into the economic mess four years ago that everybody is still...
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Oct 9, 2012
10/12
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CSPAN
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according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income tax cuts expired. in 1986 -- a 1986-style approach that promises up from rate cuts to the wealthy is almost guaranteed to give middle-income earners the short end of the stick. the reason is, in order to raise enough money to reduce rates and cut the deficit, you would need to slash deductions and credits on a far greater scale than we did in 1986. middle income earners would not be scared. -- spared. because middle-income earners rely on these expenditures, the cost of losing that likely exit the benefit they would receive from a lower rate. multiple experts have verified this. the joint economic
according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income...
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Oct 10, 2012
10/12
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if corporate taxes were lowered so u.s. businesses could better compete globally. he also said his bank is assembling a war room to prepare for the coming fiscal cliff of spending cuts and tax increases that's slated to hit the economy this january. looks like steve balmer's tax bill will be smaller, the microsoft c.e.o. bonus was choped in half as the online services division failed to meet the board's growth charges. tcording to a regulatory fi mebangbos llnus was cut to just over $600,000. microsoft shares fell slightly today, to just under $29 a share, still they're up 13% on the year. and finally tonight, as we focus on retail and the upcoming holiday season, what do you get for the person who has everything? how about his very own jet pack, perfect for shooting off togset. st minute meetgs.in if that's not your speed, $354,000 will hook you up with a special edition mcclen 12c spider, one of just 12 made. you guessed it, the neiman marcus christmas book is hot off the presses, with lots of over- the-top, one-of-a-kind
if corporate taxes were lowered so u.s. businesses could better compete globally. he also said his bank is assembling a war room to prepare for the coming fiscal cliff of spending cuts and tax increases that's slated to hit the economy this january. looks like steve balmer's tax bill will be smaller, the microsoft c.e.o. bonus was choped in half as the online services division failed to meet the board's growth charges. tcording to a regulatory fi mebangbos llnus was cut to just over $600,000....
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Oct 2, 2012
10/12
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if certain tax cuts are allowed to expire. the report says 90% of households would see higher federal taxes. you can learn more about the fiscal cliff and why it matters, go to our website: www.nbr.com. nokia is on track to team up with major software-maker oracle. the finnish cell phone company is giving oracle access to its mapping services. financial details of the deal were not disclosed. but the move comes as nokia recently signed mapping deals with groupon, and amazon. last week apple's c.e.o. apologized for the shortcomings of its new map service. >> susie: and american express has agreed to pay millions of dollars in refunds to settle accusations from regulators that it deceived customers. the violations include: unlawful late fees, misleading consumers about debt collection, and age discrimination. amex will pay more than $100 million in fines, and give payouts to about 250,000 customers. consumers that qualify will receive payments by next march. >> tom: the early optimism by investors and traders faded throughout to
if certain tax cuts are allowed to expire. the report says 90% of households would see higher federal taxes. you can learn more about the fiscal cliff and why it matters, go to our website: www.nbr.com. nokia is on track to team up with major software-maker oracle. the finnish cell phone company is giving oracle access to its mapping services. financial details of the deal were not disclosed. but the move comes as nokia recently signed mapping deals with groupon, and amazon. last week apple's...
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market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got the banks at one side demanding their bailouts the people demanding their bailouts and at some point it's all going to get so unless we are going to get it and i can say with you and i think it's really interesting is that you know the people on the ground unemployed people see all the banks bailed out the financial sector bailed out politicians protected i mean i know it's very popular but people say now how about me brooke bail me out and i know i know that's nonsensical on many ways but i can understand how people feel that way. yeah and again i think that's why at least in spain they've got to take this concept of bankia but make it more they've got to get rid of all thes
market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got the banks at one side demanding their bailouts the people demanding their...
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Oct 8, 2012
10/12
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CSPAN2
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poll tax, literacy test, bizarre registration hours. we passed the civil rights law to prevent that. the second city right not to have your vote canceled up by someone who is an illegal alien, and died, voting twice, or someone who does not even exist. that to file its your sole rights. we can do both. now, an obstacle to this is to reference the previous speaker on fast and furious, the eric holder justice department. they claim there is no voter fraud america. the clinical want to poll taxes. eric holder himself said that. they are suing any state that they can sing their voter i.d. lot is unconstitutional even and has been up held by the supreme court. so where are we with the lyrical the justice department? a complete stall. well, this is no accident. the president of the united states got his start with these issues. his first major political challenge chicago for barack obama was with a group called project vote, a voter registration effort that registered 135,000 people and illinois in '91 and '92. project vote was allied with an
poll tax, literacy test, bizarre registration hours. we passed the civil rights law to prevent that. the second city right not to have your vote canceled up by someone who is an illegal alien, and died, voting twice, or someone who does not even exist. that to file its your sole rights. we can do both. now, an obstacle to this is to reference the previous speaker on fast and furious, the eric holder justice department. they claim there is no voter fraud america. the clinical want to poll taxes....
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Oct 5, 2012
10/12
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companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most powerful way to get us to a balanced budget is to grow the economy. that's why my tax plan, which is estimated to create 7 million jobs, will help us more than anything else to get to that balanced budget. >> sean: i know this was not about foreign policy last night. we have been following very closely on this program, the issue in benghazi, the death of our ambassador, the first time in 30 years, two navy seals. do you believe there is a coverup going on? >> well, sean, first, let me note my condolences and sympathy for the families of those who
companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most...
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Oct 3, 2012
10/12
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ever had to predict our forecast, because there's never been this level of uncertainty in terms of tax and spending policy really in our history. >> reporter: his organization, the national retail federation, is forecasting a 4.1% gain. but the international council of shopping centers is more cautious, predicting an increase of less than 3%. shoppertrak and deloitte fall in the middle. some of the differences can be blamed on conflicting economic signs. higher home prices and stock prices are boosting consumer confidence. >> people are always looking for something to give them a real sort of positive outlook, something to make them feel better. shopping is pretty much one thing to make most people feel better if they can. >> reporter: but job growth is weak, and food and gasoline prices are rising. with so much uncertainty, you can expect to see lots of holiday promotions. but tv ads will come later. >> in normal years, we'd already start to see some holiday advertising taking place now. but because of the political elections that are coming up and the campaigns, there's virtually no
ever had to predict our forecast, because there's never been this level of uncertainty in terms of tax and spending policy really in our history. >> reporter: his organization, the national retail federation, is forecasting a 4.1% gain. but the international council of shopping centers is more cautious, predicting an increase of less than 3%. shoppertrak and deloitte fall in the middle. some of the differences can be blamed on conflicting economic signs. higher home prices and stock...
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everyone though racing is far from the concerns of most ordinary greeks two years of cuts on taxes have tries to clean craze the number of families who can't even afford to raise their own children is peter out of the reports now on a charity trying to show young people from the crisis. too young to understand why but on the frontline of the debt crisis rampant unemployment in greece and the slashing of social benefits has left their parents with money to provide even their most basic of needs for may seem unthinkable has happened these children taken into care. for during the past two years we've seen a large rise in the number of children coming to us because their families can't support them because taxes and prices have risen things like food clothing schooling and housing have become too expensive. before the financial crisis. this children's village which is run by the organization s.o.'s children usually looked after kids who'd been the victims of abuse now they say almost all new cases are as a result of the debt crisis this center privately funded through donations is also feel
everyone though racing is far from the concerns of most ordinary greeks two years of cuts on taxes have tries to clean craze the number of families who can't even afford to raise their own children is peter out of the reports now on a charity trying to show young people from the crisis. too young to understand why but on the frontline of the debt crisis rampant unemployment in greece and the slashing of social benefits has left their parents with money to provide even their most basic of needs...
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Oct 4, 2012
10/12
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CNBC
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are definitely better than higher taxes. i don't dispute that. nobody disputes that. all else isn't equal. if you finance those tax cuts for the rich with huge amounts of debt as george w. bush did and as mitt romney is proposing, you're going to end up with slower growth. that's what we've got over the last ten years. there's no reason to believe any different. >> with we certainly have that over the last three years. >> exactly. >> let me ask you this, diana. >> pause, pause, pause. timeout. when the president took office, the economy was contracting by 9% annual. it's now growing. don't tell me the economy is growing slower than when the president took office. that's not true. >> in the last year and the year before. the last three years is what i'm referring to. >> the last three years we've had growth. i agree the growth hasn't been strong enough. >> right. diana, do you think we could see a 75% tax rate here if, in fact, the president gets re-elected? would what's happening in france carry over here? is it the same ide
are definitely better than higher taxes. i don't dispute that. nobody disputes that. all else isn't equal. if you finance those tax cuts for the rich with huge amounts of debt as george w. bush did and as mitt romney is proposing, you're going to end up with slower growth. that's what we've got over the last ten years. there's no reason to believe any different. >> with we certainly have that over the last three years. >> exactly. >> let me ask you this, diana. >> pause,...
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Oct 8, 2012
10/12
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because they're partnerships, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for your whole income portfolio. but- > > it's a little bit of a risk. > > yeah. there is more risk. it's in the safer area of your portfolio, but it offers more yield and a little bit more risk than traditional bonds. but for the right person it can be a nice way to enhance your yield. > > do these mlps track what's going on with oil or natural gas? > > not as much. when you think about how they function, essentially, if you own the pipeline, and companies run oil and gas through your pipeline, they're paying tolls. so you're like the tollbooth operator, and you charge them a certa
because they're partnerships, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for...
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and the other one would grow we know he wants to raise taxes or we need regulation and the other one would say i agree so in the congress that this debate be agreed on a lot of things but the devil is in the details of course but if they try to get the tails and nowhere is it got even more confusing but in general my general impression was that romney as a former c.e.o. was kind of better at juggling the business talk he actually did better than many thought he would almost exclusively because that we coverage under president obama has been has been slow this country's running a huge deficit gigantic guess more than sixteen trillion dollars that's one hundred four percent of the nation's g.d.p. but president obama's main argument was that mr romney wants to go back to the same policies that will end it if you were all for that matter. into the economic mess four years ago that everybody is still struggling to recover from a place you could. tell a small any gas as to who came out on top of that. well as spyros holds for now in most states president obama is leading in polls all the w
and the other one would grow we know he wants to raise taxes or we need regulation and the other one would say i agree so in the congress that this debate be agreed on a lot of things but the devil is in the details of course but if they try to get the tails and nowhere is it got even more confusing but in general my general impression was that romney as a former c.e.o. was kind of better at juggling the business talk he actually did better than many thought he would almost exclusively because...
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Oct 8, 2012
10/12
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MSNBCW
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overall taxes that they pay and the overall tax plan would be tax neutral. i mean, it would be revenue neutral. the other piece is you mentioned this other story -- >> the story is specifics, hasn't it? >> i'll keep going back to this to seep the record straight. you all talking about this story that mitt romney had been saying and reported in other places that this is a new softer side of mitt romney. he's been telling that story for months. and so, i mean, this is all just sort of a generated media narrative that he is coming up with all sorts of new policies and new touching stories. this is, you know, what's great about last week is it's our opportunity to present an unfiltered mitt romney versus an unfiltered barack obama and the choice was houistorically. >> let's ask you then about specifically what the panelist talked about, the thing that a lot of analysts are watching is are the polls going to move in the swing states? it is early to tell. the jobs numbers may factor in to this. can mitt romney move the polls in a place like ohio? where before the
overall taxes that they pay and the overall tax plan would be tax neutral. i mean, it would be revenue neutral. the other piece is you mentioned this other story -- >> the story is specifics, hasn't it? >> i'll keep going back to this to seep the record straight. you all talking about this story that mitt romney had been saying and reported in other places that this is a new softer side of mitt romney. he's been telling that story for months. and so, i mean, this is all just sort of...
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about the germans carry you on your shoulders when you're too lazy and stupid as tax reform and make rules these are you going to put your. dreams yeah you. why. before with friends like that on the mainstream media who needs enemies angela merkel doesn't need to do anything she has us mainstream media pundits on her side that's absurd what we were on earlier is the way that the media in the us that we watch portrays the situation in greece first cover i don't even think that that. would want that i mean just a complete idiot like you're an idiot joe you're a complete retard sorry i mean what are you doing we're talking about i mean how do you go out and say things like that about a tire nation of people and set me just it's ridiculous but anyway beside the point . yeah we were talking about how the media misrepresents misunderstands greece entirely and i think that they like to take the put greece inside like a larger european union and say greece's problems are about austerity and it's something that we can relate to with other countries in europe but it's not i mean greece is its
about the germans carry you on your shoulders when you're too lazy and stupid as tax reform and make rules these are you going to put your. dreams yeah you. why. before with friends like that on the mainstream media who needs enemies angela merkel doesn't need to do anything she has us mainstream media pundits on her side that's absurd what we were on earlier is the way that the media in the us that we watch portrays the situation in greece first cover i don't even think that that. would want...
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>> we have one guy, mitt romney says let's lower the tax rate to 25%. we need that in america but that obama who lot of people don't like what it comes to that strategy. 28%. what is 3% among ceo tie-ins but he says 25% for manufacturing, industry. a lot of republicans don't like industrial policy. i am not saying you should or shouldn't agree with that or disagree but both of these candidates want to help manufacturing whether by industrial policy or more bigger government area or lower the rate. [talking over each other] cheryl: alan mulally would love it if it were 25%. stamping chicago back in may doing gangbuster business. mitt romney wants to do it but obama also wants to do it. the difference is things not in manufacturing. you get 25%, if we could get down to 25 this is going to work. i don't think you should politicize your investment portfolio. dave: no solution the opportunities. [talking over each other] dave: america's top c e os are more pessimistic than in years so why is there outlook dampening and what do they think will turn things aro
>> we have one guy, mitt romney says let's lower the tax rate to 25%. we need that in america but that obama who lot of people don't like what it comes to that strategy. 28%. what is 3% among ceo tie-ins but he says 25% for manufacturing, industry. a lot of republicans don't like industrial policy. i am not saying you should or shouldn't agree with that or disagree but both of these candidates want to help manufacturing whether by industrial policy or more bigger government area or lower...
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Oct 2, 2012
10/12
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FOXNEWS
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. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about
. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live...
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Oct 5, 2012
10/12
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CNBC
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the $4 billion is that tax subsidies for oil companies, because oil companies has the same tax structure as a manufacturing company in the united states. that's it. and i don't quite understand. we talk about oil companies making too much money. obama does. he consistently talks about that. he never mentions that apple is the largest company in the united states, larger than exxon. and i don't think there's anything wrong with apple either. i don't think there's anything wrong with any of the manufacturing or the oil and gas industry in the united states. i think they're trying to do the best job they can and doing a pretty damn good job. but i'm not one that believes they should be taxed more. >> boone, thank you. i know your cowboys and my hokies are both having rather disappointing seasons so we'll just leave it at that so have a great weekend. >> well wait a minute! we got a bad call. >> bad call! you have no replacement refs in college, boone. >> did you see what happened to us on the last -- >> i'm just saying you're not undefeated and the hokies stink. >> but you hate to have a ba
the $4 billion is that tax subsidies for oil companies, because oil companies has the same tax structure as a manufacturing company in the united states. that's it. and i don't quite understand. we talk about oil companies making too much money. obama does. he consistently talks about that. he never mentions that apple is the largest company in the united states, larger than exxon. and i don't think there's anything wrong with apple either. i don't think there's anything wrong with any of the...
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Oct 7, 2012
10/12
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CSPAN
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economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to hisall of the increase in natural private land, not on government land. your administration has cut the number of permits and licenses in half. if i am president, i will doublei like coal. people in the coal industry feel like it is getting crushed by your policies. i w
economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us...
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but still it is a huge amount of money and russia's energy minister alexander novak has told me that tax incentives will be provided in order to achieve this indeed ambitious goal . first of all we've created a set of stimulating measures to boost the development of new all deposits in siberia secondly for the existence of posits that are unprofitable under the current tax system we've cut the export tax by five percent on top of that we will take steps to stimulate drilling of hard to reach oil reserves on the shelves. right very quickly cyclical what's happening on the markets this hour in the united states it's looking pretty pessimistic with the dow down to climbing point three percent this is on the back of the i.m.f. actually lowering its global growth forecast by twenty five basis points nasdaq is feeling a bit better driven by apple which is up around one percent ahead of the release of its new i pad model which is scheduled for these seventeen or at least speculate on the russian market is this is the closing picture with the r t s m i six declining around one percent despite hi
but still it is a huge amount of money and russia's energy minister alexander novak has told me that tax incentives will be provided in order to achieve this indeed ambitious goal . first of all we've created a set of stimulating measures to boost the development of new all deposits in siberia secondly for the existence of posits that are unprofitable under the current tax system we've cut the export tax by five percent on top of that we will take steps to stimulate drilling of hard to reach...
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cutting the deficit what a hold working people who travel long distances to get into work to pay their taxes meant to think when they see families individual families getting forty fifty sixty thousand pounds of housing benefit to live in homes with these hard working people could never afford them so it is an outrage and we are ending it by capping housing benefit he defended the economic strategy but of course we all know the arguments and what's really lacking is any really real evidence that it's actually working that he didn't say the word austerity once and that's something i've seen was hanging around on the fringes of this conference over the last couple of days conservatives don't like the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government share of spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy not hugely coherent which is very important if cameron wants to gain this reputation is had in the past for huge compton's something he didn't mention whi
cutting the deficit what a hold working people who travel long distances to get into work to pay their taxes meant to think when they see families individual families getting forty fifty sixty thousand pounds of housing benefit to live in homes with these hard working people could never afford them so it is an outrage and we are ending it by capping housing benefit he defended the economic strategy but of course we all know the arguments and what's really lacking is any really real evidence...
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Oct 6, 2012
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct line to eliot spitzer. >>join the debate now. >> eliot: if you want to lower the abortion rate there is an effective way to do it without changing the law. you can see it in our number of the day 61% that's how much birth rate fell when birth control was given away for free. this came out of a study by washington university, 9,000 women, many of whom were poor and uninsured were offered contraceptives without cost. most got iuds or other implants which are the most effective option and usually quite expensive. but the drop in pregnancy more than made up in the ex
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct...
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Oct 9, 2012
10/12
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>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't do it by raising taxes during a recession. >> well, the fact is if you want to talk about job cre
>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you...
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all tax increases to pay for more spending undermine tax reform. and therefore, they're not going to allow it. so, this is a-- this is a nonsorry, 'cause it will never pass the senate and never ever ever pass the house and as much as obama might like to see it happen now, no. stuart: okay. advice for mitt romney in tomorrow night's debate? >> look, obama has changed his previous promise, which was he wouldn't raise taxes on anyone who earned less than $250,000. now, he broke it about eight times during his presidency, but the new promise is, he won't raise anyone's income taxes who earns less than 250,000 next year. so, obama himself in his campaign speeches says, if i get reelected president, 2014, katie bar the door, there is no protection for anybody. so the tax code-- >> you're saying attack on the tax issue, that's what you say mitt romney can, must and should do. >> and spending and just the overall spend, tax, policy of this administration which would only get worse in a second term. stuart: all right. governor norquist, always a pleasure, t
all tax increases to pay for more spending undermine tax reform. and therefore, they're not going to allow it. so, this is a-- this is a nonsorry, 'cause it will never pass the senate and never ever ever pass the house and as much as obama might like to see it happen now, no. stuart: okay. advice for mitt romney in tomorrow night's debate? >> look, obama has changed his previous promise, which was he wouldn't raise taxes on anyone who earned less than $250,000. now, he broke it about...
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the year twenty twenty that's according to the energy minister alexander novak and he told me that tax incentives will be provided for that year with just a minute first of all we've created a set of stimulating measures to boost the development of new oil deposits in siberia secondly for the existence of posits that are unprofitable under the current tax system with cut the export tax by five percent on top of that we will take steps to stimulate drilling of hard to reach oil reserves on the shelves. now in the markets in the united states and downgrades of demand and earnings from alcoa and chevron are depressing and vestas and that's not even helped by the latest beige book report which showed that had ten out of twelve fed districts showed moderate growth in august and september over in europe we're also seeing a pretty gloomy mood at the close that says uncertainty. the remains of the spade and greece and in the currencies market we're seeing a drop of the dollar against the euro deepening after that beige book reports but that's actually a positive sign and the russian ruble as y
the year twenty twenty that's according to the energy minister alexander novak and he told me that tax incentives will be provided for that year with just a minute first of all we've created a set of stimulating measures to boost the development of new oil deposits in siberia secondly for the existence of posits that are unprofitable under the current tax system with cut the export tax by five percent on top of that we will take steps to stimulate drilling of hard to reach oil reserves on the...
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and they're going to see higher taxes. that's a lump of coal for any anniversary. rather than focus on the negatives in alcoa, focus on the fact they have asian exposure, european exposure. focus on the positives. financial engineering is back in this market. some of the parts for a company like alcoa exceed the value. >> you're making excuses for alcoa even before the ceo comes on. i like that. bob, what do you make of the action? put it in perspective, five years compared to now. >> the dow jones industrial average went from 1500 to 750. that was cut in half. that certainly was a disaster. >> you mean the s&p? >> the s&p, excuse me, bill. nonetheless, bottom line is holding on from that point to here, you can say, yeah, does buy and hold still work? that's what everybody's interested in. i think the evidence is it certainly does, but you have to have long periods of time to look at it. i'm not so impressed that we're not anywhere where we were 12 years ago. if you invested on a regular basis from now through the bottom, i think you'll find you have not done so ba
and they're going to see higher taxes. that's a lump of coal for any anniversary. rather than focus on the negatives in alcoa, focus on the fact they have asian exposure, european exposure. focus on the positives. financial engineering is back in this market. some of the parts for a company like alcoa exceed the value. >> you're making excuses for alcoa even before the ceo comes on. i like that. bob, what do you make of the action? put it in perspective, five years compared to now....